The 49-year-old former Fashion Star host and 43-year-old billionaire hotel heir dated for two years before splitting in March of 2012. However, the two rekindled their romance after Jeffrey injured his vertebrae last November in a helicopter accident.

Meanwhile, you can catch Louise Roe, new fashion star host, on Fridays on NBC at 8pm EST!

Congratulations to the happy couple, if the news is true!

ARE YOU EXCITED that Elle Macpherson and Jeffrey Soffer are engaged to be married?